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Theory and practise of harmonised indices of consumer prices (HICP) - 1st Edition - 2024

 theory and practise of harmonised indices of consumer prices (hicp) 
Course LeaderKristiina NIEMINEN
Target Group
  • Statisticians of CPI/HICP departments in National Statistical Institutes involved in the production of CPI/HICP with one to two years of experience on CPIs
Entry Qualifications
  • Sound command of English
  • One-two years of experience on CPIs
  • Participants are expected to take actively part and to interact during the theoretical and practical session of the training
Objective(s)
  • Aims at enhancing the theoretical and practical knowledge related to the HICP, based on the HICP Methodological Manual and other HICP guidance material
  • Describes the purpose, use and construction of HICP
  • Participants become familiar with the standard methods, the specific HICP requirements, as well as with recent developments such as the use of scanner data
Contents
  • Background of the HICP, legal reference and requirements
  • Theory and practice of price index
  • Sampling, sources and methods
  • Web-scraping, scanner data and other data collection
  • Index compilation, theory and practice
  • Weighting methods
  • Quality adjustment, validation
  • New data sources and index compilation methods
  • Dissemination principles
  • Use of HICP
Expected Outcome
  • Become familiar with the basic principles of indices, use of indices and advantages of HICP
  • Learn basic concepts of indices and background theories
  • Learn how to calculate indices based on different principles
  • Learn how to make good use of indices in macro-economic statistics
Training Methods
  • Lectures with slide-presentations (and video)
  • Case studies, practical exercises and discussions. The participants are expected to be actively involved in the course.
  • Presentations and lectures
  • Group work in exercises
Required ReadingNone
Suggested Reading
  • https://ec.europa.eu/eurostat/web/hicp/methodology -webpage, especially Harmonised Index of Consumer Prices Methodological Manual and Recommendations
  • HICP basic act (European Parliament and Council Regulation (EU) 2016/792) and implementation act (Commission Regulation (EU) 2020/1148)
Required PreparationNone
Trainer(s)/

Lecturer(s)

Ms Kristiina NIEMINEN (Statistics Finland)

Mr Martin BIRGER LARSEN (Statistics Denmark)

Mr Antonio A.G. CHESSA (Statistics Netherlands)

 

 

1st Edition

 

Practical Information    
WhenDurationWhereOrganiserApplication  via National Contact Point

18-21.03.2024

25-28.03.2024

4 daysHelsinki,

Finland
ICON-INSTITUT Public Sector GmbHDeadline: 05.02.2024